The minimum charter capital of a State-owned enterprise is VND 100 billion

Accordingly, the decree stipulates that enterprises with 100% charter capital held by the State shall only be considered for establishment when fully meeting the following conditions:

– Having an operating industry or field within the scope of state capital investment to establish an enterprise in accordance with the law on management and use of state capital invested in production and business in enterprises.

– Ensure sufficient charter capital as prescribed.

– Have a valid profile as prescribed.

– The establishment of an enterprise must be consistent with the national socio-economic development strategy and plan, and the national branch planning.

Regarding the level of charter capital, the decree stipulates, When established, enterprises must have a charter capital of not less than 100 billion VND.

In the case of business lines and trades that require legal capital, apart from the above conditions of charter capital of over 100 billion, the charter capital of the enterprise upon establishment must not be lower than the legal capital prescribed for the industry. , the glass business that.

For enterprises providing essential public utility products and services, ensuring social security or operating in a number of industries, fields or geographical areas that require capital investment from the State to establish an enterprise, the charter capital shall be may be less than 100 billion dong but not lower than the legal capital level prescribed for business lines and industries requiring legal capital.

The Decree takes effect from June 1, 2022.

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